Old Toronto · Toronto Neighbourhood Guide
Yonge-Bay Corridor
A more affordable, renter-majority pocket of Old Toronto.
12,645
Population
31
Median Age
$68,500
Median Household Income
1.7
Avg. Household Size
What It Rents For
Renting in Yonge-Bay Corridor
$2,163
Average Rent / Month
2.8%
Rental Vacancy Rate
+13%
vs. GTA Average ($1,917)
Source: CMHC Rental Market Survey, October 2025 (Toronto (Central) zone). Adapted from CMHC data; this does not constitute CMHC endorsement.
About Yonge-Bay Corridor
Yonge-Bay Corridor is a renter-majority neighbourhood, where about 68% of households rent. With a median household income near $68,500, it's one of the more affordable parts of the city. The population skews younger, and smaller, apartment-style households dominate the built form.
Renting here commands a premium over the GTA average of $1,917 — a sign of sustained demand. For investors and owners eyeing a high-demand, transit-rich pocket, the relevant questions are about multiplex potential and purpose-built rental — the build-and-hold strategies we evaluate with construction-informed due diligence.
We've been building in Old Toronto since 1988. In Yonge-Bay Corridor, that means honest answers about what's feasible, what it costs, and what adds real value — before you commit.
What We Build Here
Building & Renovating in Yonge-Bay Corridor
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Common Questions About Yonge-Bay Corridor
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